Financial Newsletter – From a person I know…


Last week I published the July issue of The Hard Truth. The issue was on the new crypto currency created by Facebook called Libra. I think what Facebook did with the creation of Libra is very cool. They created an actual crypto currency that will act as money. Meaning that the currency will have solid assets backing it up and it will be able to be used for the purchase of goods and services and will provide the ability to send money across the planet as if you were sending a text. Bitcoin and other crypto “currencies” are not really currencies. They have become investment assets like gold or silver. What merchant is going to accept Bitcoin in payment of say, a car, when the price of Bitcoin can fluctuate as much as $1,000 a day? The person pays the dealer in Bitcoin for a new Mercedes and the currency has fallen $1,000 before the car gets off the lot. Now, I thought it was very clever how they structured Libra as money and if you read the issue, you’ll see what I mean – www.thehardtruthmag.com. I got some very nice acknowledgments on the issue, which is always appreciated, but also got a few emails from people who think that I have the confront of Mary Poppins. I was upbraided for seemingly not understanding that the CIA “created” Facebook or that Facebook users were subject to government surveillance. I didn’t paint the potential dark side of Libra in the issue because I thought it was a work of considerable skill. It bypassed banks and governments and remained a stable digital currency – and still do. But for those who think I was promoting Facebook as the savior of the global financial system or that I am unaware of the gift that such a currency would provide the US intelligence spooks, please think again and subscribe to The Hard Truthand read some of our other issues. In the first two issues of The Hard TruthI dealt with the Snowden disclosures in great depth. We described Stellar Wind the CIA’s program that is plugged into the routing equipment of the major telecom companies and captures virtually all U.S. telecom and email traffic and “sniffs” it for “bad” words, sending offending phone traffic to the FBI, and the rest to a million square foot, billion dollar digital storage facility in Utah to be sniffed in more depth later. The NSA’s PRISM program monitors traffic to the social media world, including Facebook, Twitter, Instagram, etc. as well as Google, Apple, and rest of the cyber hierarchy. We also covered X-Key Score, the CIA program that combines Stellar Wind and PRISM with your bank account to create a digital portrait of US citizens. In addition, subscribers that have been with us a while would have received in issue #9 an in-depth article on how CIA, NSA and DARPA (the Dr. Strangelove of military weaponry) funded the initial research for the Google algorithm when Sergei Bryn and Larry Paige were doing their PhD research at Stanford. That issue also covers the migration of top government spooks from DARPA and the CIA to the stock-rich executive suites at Google. And how Google is a front for government intelligence. That issue also covers the meetings of the infamous Highland Forum, the unseen hand of government intelligence. Issue #9 is my favorite. If you want to get a peek at the activities of U.S. government intelligence and have an eyepopping look at the new American Police State, a subscription not only gets you the new “controversial” issue on Libra, but all published issues: subscribe here for the article on Libra and the entire archive. www.thehardtruthmag.com. And in case you read the recent issue of The Hard Truth and were under the impression that I was unaware of the extent of government intelligence surveillance activities and their digital fingers in social media or the clear intention by the Bank for International Settlements and the IMF to turn the global financial system into an internationally controlled monetary system of zeros and ones…. think again. The Hard Truth is primarily a financial newsletter. But periodically, I venture into government, politics and help expose some of the dark corners of government surveillance. Solutions are available in the articles. At $34.95 it’s a hell of a deal. John Truman Wolfe

Frydenberg and Hume—the Deutsche Bank dunces in charge of your financial security

As the Citizens Electoral Council has exposed, the Australian government’s extensive police-state powers, which last week were used to raid journalists, are intended not to protect people from terrorism, but to protect the establishment from the people. This is especially true in times when worsening economic conditions drive an anti-establishment backlash.

The reason there is a danger of an anti-establishment backlash is that the ever-arrogant establishment always rigs the system in its favour. In times of economic crisis, the public wises up to this fact. For an example in Australia, look no further than the government ministers in charge of the financial system, Treasurer Josh Frydenberg and Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume, both ex-Deutsche Bank executives.

Australia’s bankers have just come through one of the most damaging episodes in their history. The Hayne royal commission exposed the banks as vast criminal enterprises, just like the banks in Wall Street and the City of London etc., except until the royal commission Australia’s banks were supposed to have been the best in the world. The Rudd-Gillard-Rudd-Abbott-Turnbull governments had always said they were the best, and for years denied there was any need for an inquiry. When growing public unrest forced an inquiry, their denials were exposed as lies, and for once, the banks faced real justice. Read the rest of the article here:

https://cecaust.com.au/media-releases/frydenberg-and-hume-deutsche-bank-dunces-charge-your-financial-security

Major parties resort to extreme measures to protect banks

(This is (one of many reasons) why we want the major parties out on their ears!)

On 8 May the Senate Economics Legislation Committee released the report of its inquiry into the Banking System Reform (Separation of Banks) Bill 2019, opposing the policy. On 12 May Prime Minister Scott Morrison announced a scheme for first home buyers to purchase a house with only a five per cent deposit. The Labor Party supported the government on both issues. By these actions, as opposed to their rhetoric, the major parties have confirmed that 1) the economy is heading for disaster; and 2) they remain captive to the banks and will therefore sacrifice the livelihoods of the Australian people and economy to protect the banks and prop them up.

https://cecaust.com.au/media-releases/major-parties-resort-extreme-measures-protect-banks